Ministry of Commerce & Industry
Share of exports of goods and services in GDP increased to 21.4% in 2021-22 from 18.7% in 2020-21
Overall share of goods exports in GDP increased to 13.3% in 2021-22 from 10.9% in 2020-21
The share of exports of goods and services in GDP has increased from 18.7% in 2020-21 to 21.4% in 2021-22.
The details of exports of goods and services and Gross Domestic Product  at current prices, and percentage share of India’s exports in GDP for the last five financial years  are as follows:
|
|
S.No.
|
|
Year
|
|
India's export of goods and services 
|
|
GDP 
|
|
% Share of exports of goods and services in GDP
|
|
1
|
|
2017-18
|
|
32,11,521
|
|
1,70,90,042
|
|
18.8
|
|
2
|
|
2018-19 
|
|
37,66,294
|
|
1,88,99,668
|
|
19.9
|
|
3
|
|
2019-20 
|
|
37,52,188
|
|
2,00,74,856
|
|
18.7
|
|
4
|
|
2020-21 
|
|
37,04,533
|
|
1,98,00,914
|
|
18.7
|
|
5
|
|
2021-22 
|
|
50,63,885
|
|
2,36,64,637
|
|
21.4
Source: MoSPI, Note: RE: Revised Estimate, PE: Provisional Estimate
The details of sector-wise share of goods exports in the annual GDP  for the last five financial years  are given at Annexure. It reveals that overall share of goods exports in GDP has increased from 10.9% in 2020-21 to 13.3% in 2021-22.
The details of the annual rate of growth of exports and the corresponding annual rate of growth of GDP  for the last three financial years are given below:
|
|
S.No.
|
|
Year
|
|
India's export of goods and services 
|
|
% Growth in exports
|
|
GDP 
|
|
% Growth in GDP
|
|
1
|
|
2018-19 
|
|
3,766,294
|
|
|
|
18,899,668
|
|
|
|
2
|
|
2019-20 
|
|
3,752,188
|
|
-0.4
|
|
20,074,856
|
|
6.2
|
|
3
|
|
2020-21 
|
|
3,704,533
|
|
-1.3
|
|
19,800,914
|
|
-1.4
|
|
4
|
|
2021-22 
|
|
5,063,885
|
|
36.7
|
|
23,664,637
|
|
19.5
Source: MoSPI, Note: RE: Revised Estimate, PE: Provisional Estimate
Annexure
The sector-wise percentage share of goods exports in the annual GDP  for last five financial years:
|
|
Sr. No.
|
|
Commodity Group
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
2020-21
|
|
2021-22
|
|
1
|
|
Engineering Goods
|
|
2.97
|
|
3.09
|
|
2.78
|
|
2.87
|
|
3.53
|
|
2
|
|
Petroleum Products
|
|
1.41
|
|
1.72
|
|
1.46
|
|
0.96
|
|
2.13
|
|
3
|
|
Gems & Jewellery
|
|
1.57
|
|
1.49
|
|
1.27
|
|
0.97
|
|
1.23
|
|
4
|
|
Organic & Inorganic Chemicals
|
|
0.70
|
|
0.83
|
|
0.78
|
|
0.83
|
|
0.93
|
|
5
|
|
Drugs & Pharmaceuticals
|
|
0.65
|
|
0.71
|
|
0.73
|
|
0.92
|
|
0.78
|
|
6
|
|
RMG of all Textiles
|
|
0.63
|
|
0.60
|
|
0.55
|
|
0.46
|
|
0.50
|
|
7
|
|
Electronic Goods
|
|
0.24
|
|
0.33
|
|
0.41
|
|
0.41
|
|
0.49
|
|
8
|
|
Cotton Yarn/Fabs./made-ups, Handloom Products etc.
|
|
0.39
|
|
0.41
|
|
0.35
|
|
0.37
|
|
0.48
|
|
9
|
|
Plastic & Linoleum
|
|
0.26
|
|
0.32
|
|
0.27
|
|
0.28
|
|
0.31
|
|
10
|
|
Rice
|
|
0.29
|
|
0.29
|
|
0.23
|
|
0.33
|
|
0.30
|
|
11
|
|
Marine Products
|
|
0.28
|
|
0.25
|
|
0.24
|
|
0.22
|
|
0.24
|
|
12
|
|
Man-made Yarn/Fabs./made-ups etc.
|
|
0.18
|
|
0.18
|
|
0.17
|
|
0.14
|
|
0.18
|
|
13
|
|
Mica, Coal & Other Ores, Minerals including processed minerals
|
|
0.14
|
|
0.16
|
|
0.14
|
|
0.16
|
|
0.16
|
|
14
|
|
Leather & leather products
|
|
0.20
|
|
0.19
|
|
0.16
|
|
0.12
|
|
0.14
|
|
15
|
|
Meat, dairy & poultry products
|
|
0.17
|
|
0.16
|
|
0.13
|
|
0.14
|
|
0.13
|
|
16
|
|
Spices
|
|
0.12
|
|
0.12
|
|
0.13
|
|
0.15
|
|
0.12
|
|
17
|
|
Ceramic products & glassware
|
|
0.08
|
|
0.10
|
|
0.10
|
|
0.11
|
|
0.11
|
|
18
|
|
Iron Ore
|
|
0.06
|
|
0.05
|
|
0.09
|
|
0.18
|
|
0.10
|
|
19
|
|
Fruits & Vegetables
|
|
0.09
|
|
0.09
|
|
0.08
|
|
0.10
|
|
0.09
|
|
20
|
|
Cereal preparations & miscellaneous processed items
|
|
0.05
|
|
0.06
|
|
0.05
|
|
0.07
|
|
0.07
|
|
21
|
|
Handicrafts excl. hand made carpet
|
|
0.07
|
|
0.07
|
|
0.06
|
|
0.06
|
|
0.07
|
|
22
|
|
Carpet
|
|
0.05
|
|
0.05
|
|
0.05
|
|
0.06
|
|
0.06
|
|
23
|
|
Oil seeds
|
|
0.04
|
|
0.04
|
|
0.05
|
|
0.05
|
|
0.04
|
|
24
|
|
Other cereals
|
|
0.01
|
|
0.01
|
|
0.01
|
|
0.03
|
|
0.03
|
|
25
|
|
Oil Meals
|
|
0.04
|
|
0.06
|
|
0.03
|
|
0.06
|
|
0.03
|
|
26
|
|
Coffee
|
|
0.04
|
|
0.03
|
|
0.03
|
|
0.03
|
|
0.03
|
|
27
|
|
Tobacco
|
|
0.04
|
|
0.04
|
|
0.03
|
|
0.03
|
|
0.03
|
|
28
|
|
Tea
|
|
0.03
|
|
0.03
|
|
0.03
|
|
0.03
|
|
0.02
|
|
29
|
|
Jute Mfg. including Floor Covering
|
|
0.01
|
|
0.01
|
|
0.01
|
|
0.01
|
|
0.02
|
|
30
|
|
Cashew
|
|
0.03
|
|
0.02
|
|
0.02
|
|
0.02
|
|
0.01
|
|
31
|
|
Others
|
|
0.59
|
|
0.69
|
|
0.63
|
|
0.74
|
|
0.92
|
|
Total share of Merchandise Exports
|
|
11.4
|
|
12.2
|
|
11.1
|
|
10.9
|
|
13.3
|
|
Gross Domestic Product 
|
|
17090042
|
|
18899668
|
|
20074856
|
|
19800914
|
|
23664637
Source: DGCI&S and MoSPI
Note: RE: Revised Estimate, PE: Provisional Estimate
This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Rajya Sabha today.